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20121123
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us a lot about the state of the consumer and the u.s. economy today. so we're turning to one of the most seasoned and respected voices on wall street for help. we have dana telsey. she is our guest host for the next three hours. andrew, i'll send it over to you. >> we begin with a visit to toyland and here is toys r us. it opened its doors at 8:00 last night. and we have toys r us ceo joining us right now from the company's flagship store in times square. good morning. >> good morning. >> so i read a report you you had a big line. what's it been like all evening? >> it's been great. we did have a big line. we're at 44th and broadway.line went all the the way to 45th street and then down 45th all the way to 6th avenue. it was huge. people came in in a real celebratory mood. people ate ice cream, relaxed with their kids. i've never seen a black friday like this before, but 8:00 hour worked really well for families. >> let's talk about sales. how did it go overnight? >> we're just starting. this is 5:00 a.m. on black friday morning. we're really just starting. we have about a b.
rosen has been in the thick of one of those protests, and he joins us now live from landover hills, maryland. james? >> reporter: heather and rick, good afternoon. from what walmart executives are telling us, the protest staged here at this particular walmart store affectionately known as number 5129 in suburban maryland, may have been the largest mounted anywhere in the country. by our unofficial count, some 400 picketers arrived in five charter buses from the d.c. area around 8:30 a.m. today. they chanted things like no justice, no peace, and they carried signs saying things like slave at wal-mart. local store managers told fox they, too, brought in reinforcements for security. how many, i asked? enough, they said. where are they, i asked? everywhere, they said. finally, the erstwhile leader of the protest, the reverend dr. edwin l. jones, a local pastor -- who, by the way, told us the united food and workers union helped organize the protest -- confronted the managers. at that moment bobby williams told us his store saw none of its 900 employees walk off the job -- 400 employees
.5%. and the nasdaq, the outperformer there, up by 2%, on average. >> joining us with their thoughts, quinn, we just kept getting stronger as we went into the close today but you're still skeptical. you'd be selling into this rally. wouldn't you? >> absolutely. i think this is an opportunity to take it off the table. i said last week with maria that you don't panic sell. just as we didn't do and then we've got the rally. now is an opportunity to take the step back. we don't know what's going to happen between now and the end of the year. as i said earlier an hour ago, you are betting on congress. if you're optimistic they're going to find a solution and we'll be off to the races, fine. i'm not. i'm a seller into this rally. you'll get better prices into the new year. >> i would also like to mention as the markets have settled up, we did actually close above 13,000 again, folks. that is a gain of 172 points. michael, let me ask you, are you a seller into this rally as well? >> no, i am not. i actually feel the market will tread water for the rest of the year. really, we only have four, or five weeks
in there right now working. we don't have the camaraderie that we used to. >> to put it simply, we are hoping to hurt the bottom line to show this is what happens when they trample on the rights of american citizens. gregg: james rosen is live at the protest with more. hi, james. still no word from the national labor relations board? >> reporter: that's right, gregg and patti ann, good morning. and that absence of a ruling has permitted this picketing to go forward. the pictures tell their own story. i'm going to let my cameraman follow me around here. we see here on site about 2-300 protesters. they were bussed in on five charter buses from different parts of the washington, d.c. and suburban areas. they are comprised of a group i would say that is diverse in terms of race, gender and age. there was a bit of speechifying going on. we've seen some interesting plaque cards and signs that say i make 8.30 an hour, and instead of save at wal-mart, it says slave at wal-mart. and now they're beginning their march on the walmart in this complex. i'm going to ask martin to wheel around and show you j
in the retail industry and our associates appreciate that. 250,000 associates have worked for us for more than ten years. our turnover rate is lower than the retail industry average. three-quarters of our store management teams started as hourly workers. we promoted 165,000 people last year. and get this, 20% of the people we hired this year are rehires. meaning they worked for the company. they left and they came back because they realized they weren't getting a better deal. >> many business experts are keeping a close eye on the protecht pr protests and whether workers can muster any leverage. with walmart being the nation's largest private employer it has a huge influence on the entire industry nationwide. >>> all right. we turn now to breaking news out of cairo, egypt. protesters are outraged at egyptian president mohamed morsi's power grab. thousands have gathered calling it the birth of a new pharaoh. attacking the headquarters of morsi's political party in alexandria and set it on fire according to egyptian tv. reza sayah joins us on the phone from tarir square. set the scene for us. re
, joining us live at this time on monday. >>> if your family is making you crazy this holiday season, we'll have some tips on how to stay sane and, you know, keep the harmony in the household. that's tomorrow on cnn starting at noon. please join me for that. thanks so much for joining me this hour. i'm fredricka whitfield. "cnn newsroom" continues with victor blackwell. >>> thank you, fred. i'm victor blackwell in for brooke baldwin. the dow finishing in the green as shoppers empty the shelves across the u.s. in case you're curious, the stock market closing early on this black friday. find out what today's sales mean for the overall health of the economy. but first, mass protests are erupting in egypt after a sudden power grab. in cairo's tahrir square, thousands are chanting for regime change. they say egypt's new president is acting like a dictator. president mohamed morsi granted himself sweeping new powers yesterday, basically morsi now has absolute power for six months. his opponents say he's acting like a new pharaoh. the u.s. state department is calling for calm and encouraging al
." >> >> host: steven johnson in your new book future perfect th case for progress in the networked age you use the term pure progressive; what is that? >> guest: it's my intent to come up with a term forttempt to come up with this newerm for this new political philosophy that i see emerging all around me. the book is really people who are trying to change the world in trying to ban progress, but he don't completely fit the existing models that we have between the left in the right or democrats and republicans. they believe in many ways that the way the internet was built, the way the web was built, the way things that wikipedia were built, using these collaborative. the works, where people come together from different points of view and openly collaborating, building ideas, that that mechanism is a tremendous engine for progress and growth. but it doesn't necessarily involve a government and doesn't necessarily involve capitalism or big corporation. so when you believe in a system come you don't necessarily believe in the traditional anchors that the left are traditional anchors at the right.
away from a million. "old friends" is the category. even though you might use email today, you can still get paired up with a friend and exchange letters as a what? >> i remember having one in elementary school. pretty sure it's "b," final answer. >> i had one too. that's right, pen pal. let's put some more money in your bank. how much is behind this question? $5,000. >> all right. >> up to $12,100. 10 away from a million. "first touch" is your next category. before atms and iphones, england's e.a. johnson developed touch screen technology in the 1960s to be used by whom? >> i've never heard of england-- of e.a. johnson. a lot of them make sense. i'm actually studying air traffic control and i haven't heard of him, so i don't think it's "b," but... [sighs] it seems like a risky one, but i think i'm gonna ask the audience. >> okay, audience, david needs your help. on your keypads, vote now. [percussive music] ♪ oof. 42% say meteorologists, 33 for air traffic controllers, 20 for telephone operators. >> that's interesting. i didn't get anything clear out of that so it wasn't somethi
, especially they used beans. [laughter] in san francisco there was a black-tie dinner in honor of a queen and prince philip at the museum. watching the clock, he asked the queen's private secretary, sir philip morris, why she was taking so long to get ready. the queen needs heard tiara time , he replied he then explained that she has a kayten with tools that she uses to decorate certain crs by hooking on paroles or rubies or sapphires for emeralds depending on what she is wearing. when i asked the crown jeweler, david thomas about this he said that it is, in fact, a pastime that she very much enjoys. the queen and prince philip had an easy camaraderie with george h. w. bush and his wife, barbara in part because they were all close contemporaries. philip and the 41st president had also both seen action in the pacific in world war ii, which give them a common bond. the queen is rather formal, bush told me, but i never found per reserved, standoffish. it is hard to explain really, but she is a very, very easy to be with. conversation comes easily. that ease was evident after the white house
's to return for president, i would have spent time even if it goes over a guy like mine's head, tell us about the companies and things you've done for people. and in the 30's, people were wondering you, how are you going to support four kids, and you found time to be a bishop in a church. and yes, the word mormon may have come up. >> and they broke the rule, you define yourself positively first, they allowed the obama people to define them for months, why they didn't put on the bio spot for me one of the greatest questions in politics. >> because the buyo spot. >> do you agree? >> absolutely right. and he has a great resume', but that's not what was going to win the election. what was going to win the election is fix the problems. how? remember, it was 39 points and then 5 points. and honestly, i followed this up closely and still don't know what his plan was. that his resume' was fantastic. where he dropped the ball, he didn't-- how about this, and the plan-- >> never defended the plan, i did not. i took the other tactic, i said president obama failed and that's why you should vote for romne
Search Results 0 to 9 of about 10

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